00780 TONGCHENGTRAVEL
- 21.250
- -0.400-1.85%
TONGCHENGTRAVEL News
Express News | Galaxy Securities: May Day travel consumption is growing steadily and is expected to improve month-on-month during the summer
Guojin Securities: The increase in the number of May Day tourists continues to be optimistic about the popularization and penetration of tourism
The number of domestic tourists continued to achieve medium to high single-digit growth in May '24 under a high year-on-year basis. Compared with '19, the recovery rate was 128.2%, reaching the highest legal holiday point since the beginning of '23.
Hong Kong Stock Focus: After the big rebound, is Hang Seng Technology expensive? How about the upcoming quarterly report?
Morgan Stanley pointed out that the current forward price-earnings ratio of the Hengke Index is 13 times, which is the same as the average for the fourth quarter of 2023, and lower than the peak of 20 times in the first three quarters of 2023 and the first quarter of 2023.
Small town tours are “all the rage”! The number of domestic travelers on May 1st surpassed the average number of daily civil aviation passengers entering and leaving the country last year by 75% before the epidemic
The 2024 “May Day” holiday comes to an end. The number of domestic travelers surpassed the “hottest May Day” last year, and small city tourism is “all the rage”. The inbound and outbound markets are picking up at an accelerated pace, and the number of international air ticket bookings on OTA platforms has reached a record high.
Tongcheng Travel (00780.HK) will hold a board meeting on May 21 to approve the first quarter results
Gelonghui, May 6 | Tongcheng Travel (00780.HK) announced that the board of directors meeting will be held on May 21, 2024 to approve the unaudited first quarter results of the company and its subsidiaries for the three months ended March 31, 2024 and their announcements.
TONGCHENGTRAVEL: NOTICE OF BOARD MEETING
Ministry of Culture and Tourism: 295 million domestic tourists traveled during the “May 1st” holiday
The Zhitong Finance App learned that on May 6, the Ministry of Culture and Tourism released data showing that during the 2024 “May 1st” holiday, the national culture and tourism market was generally stable and orderly.
Hong Kong Stock Afternoon Review | The three major indices fluctuated slightly, pharmaceutical stocks strengthened against the market, and Pharmaceutical Biotech rose more than 5%
Most Technet stocks weakened, with Kuaishou falling nearly 2%, Meituan, Xiaomi, and Bilibili falling more than 1%; travel and tourism stocks generally rising, with Ctrip Group rising nearly 3%, Hong Kong China Travel up more than 2%, and Tongcheng Travel up more than 1%.
Hong Kong Stock Concept Tracking | “May Day” travel market continues to be strong! County tourism becomes a “new favorite” to focus on investment opportunities in the travel industry chain (with concept stocks)
Unlike large resource-rich cities, niche cities can drive exponential growth in the tourism economy by relying only on a single exit label.
Holiday Travels Bolster World Tourism Industry
Chinese holidays have injected impetus into the world economy, with the just-concluded May Day holiday bringing a strong burst of tourism growth to domestic as well as overseas destinations, travel experts said.
Express News | Tongcheng Travel's “May Day” Report: “New Chinese” tours welcome trendy ancient towns and museum bookings have increased more than quadrupled
Express News | Tongcheng Travel: The popularity of hotel reservations in third-tier cities and below increased by more than 100% year over year
Mid-term data for Tongcheng Travel's “May Day” holiday: museum reservations increased 406% year-on-year
Halfway through the “May 1st” holiday, major cities and key tourist attractions across the country continued to experience a peak in passenger traffic. According to the mid-term inventory of the “May 1st” holiday released by Tongcheng Travel, tourism popularity in major tourist cities across the country remained high during the first half of the holiday period, with third-tier cities and below showing the highest increase in tourism popularity. In terms of tourism themes, museums, science and technology museums, and various indoor cultural exhibitions are popular all over the world. Ticket reservations and reservations for key museums increased by 406% over the same period last year. Furthermore, during the May Day holiday, demand for outbound travel was strong, and the popularity of Hong Kong and Macau remained leading in the first half of the holiday season. Among them, the number of Hong Kong hotel reservations increased by nearly 90% over the same period last year.
Guoxin Securities: The growth rate of domestic county travel orders is better than the platform's overall May 1st outbound travel recovery is expected to accelerate
As for the upcoming May Day holiday, although last year's base figure is not low, considering that current residents' willingness to travel is still high, and there are still structural highlights such as sinking and leaving the country. The overall performance is still worth looking forward to.
New characteristics of “May Day” tourism: Cruise ships are on the rise, the entry/exit market heats up, and ticket prices “dive” during the temporary period?
The “May Day” holiday is approaching. The Financial Services Association reporter learned that the biggest difference between this year's “May Day” holiday and last year is the reentry of the cruise market. In addition, there are also changes such as the heating up of the inbound travel market and the expansion of the range of outbound travel destination choices compared to last year.
Express News | The breadth of air travel: the number of inbound air ticket bookings for the “May 1st” holiday increased 1.4 times
Tongcheng Travel: The popularity of “May Day” hotels increased by 41%, and sales of camera detectors increased 200%
Tongcheng Travel and JD 3C Digital jointly released the “May Day” Travel Weather Vane. According to data from Tongcheng Travel, during the 2024 “May Day” holiday, the popularity of hotel reservations in the cities they usually stayed in increased by 41% year-on-year. In the last week of April, searches for mountainous scenic spots increased 114% month-on-month, with 30% of visitors searching for more than 5 mountains. Huangshan Mountain, Wugong Mountain, and Laojun Mountain have become the most popular mountainous scenic spots. Judging from JD's hot search terms, the number of searches for “open headphones” increased by more than 200% year on year, and over 80% of cyclists will carry open headphones; a must-have smart hand for mountaineering enthusiasts
Airline tickets are temporarily diving, hotel prices are rising again, and inbound and outbound travel is hot! Regulatory requirements in many places regulate operations
The countdown to this year's “May Day” holiday is in its final stages. When traveling during the holidays, transportation and accommodation costs are topics that can never be circumvented. Shortage of supply of high-speed rail, flights, and hotels due to concentrated tourist travel is the focus of recent netizens' comments.
Earnings Season Forecast: May Day Consumption: Travel Chain Quarterly Report takes the lead in “Good News”, and “Refreshing in Zi” is expected to be staged again
As the first five-day holiday after the Spring Festival, the May Day holiday has always been a “golden week” for travel and consumption. Looking back on the Qingming holiday, travel spending and movie box office data are all impressive.
同程旅行：2023年報
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